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    32 Lowell St Reading, MA 01867

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    32 Lowell St Reading, MA 01867


    • Theaters & concert halls
    • 7,041 SF
    • 0.49 lot acres
    Historic Building in Downtown Reading For Sale
    $505,000
    7,041 SF

    Historic Building in Downtown Reading

    7,041 SF historic building suitable for various uses.

    32 Lowell St, Reading, MA 1867
    View Listing
    Property ID
    US38-1739278
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Northeast Youth Ballet / Theater & Performing Art Venue / Vocational School

    Property Details for 32 Lowell St

    Year built
    1917
    Lot size
    0.49 lot acres
    Property size
    7,041 SF
    Zone code
    S15
    Property type
    Theaters & concert halls
    APN
    READ M:021.0-0000-0228.0
    APU
    READM0210000002280

    Description

    This exceptional 7,041 square foot building, located at 32 Lowell Street in Reading, Massachusetts, presents a unique investment opportunity. Built in 1913 and designed by George H. Sidebottom in the Late Gothic Revival style, this limestone and granite structure boasts timeless architectural charm. Currently zoned S15, the property offers versatile usage potential for a variety of special purpose applications, including its previous uses as a church and, more recently, a fine arts school. Situated on a sizable 21,175 square foot lot, the property provides ample space for both interior and exterior activities. While the stone facade requires repair or replacement, the building is being sold "as is," offering a chance for customization and renovation. The property is listed on the Massachusetts Historic Register, adding to its unique appeal. The building features two stories and a total of 7,041 square feet of net rentable space. The seller is targeting a June 30, 2025 occupancy date. This prime location within the Boston MSA area presents a compelling opportunity for investors and developers seeking a historic property with significant potential. The property's rich history and versatile zoning make it an ideal candidate for adaptive reuse.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $505,000
      ML approach
      $505,000
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $815,000
      AUTO REPAIR, GARAGE
      $725,000
      RETAIL STORES
      $700,000
      MEDICAL BUILDING
      $585,000
      INDUSTRIAL (GENERAL)
      $575,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1045
    Latitude
    42.526
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $10,153
    $415,600
    $370,200
    $785,800
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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